We Energies of Wisconsin Awaits Key Court Ruling on Air and Water Permits

We Energies, a utility serving Wisconsin and Michigan's Upper Peninsula, is facing legal challenges on numerous fronts to its proposed "Power the Future" project, a $2.15 billion proposal to develop Wisconsin's first coal power plant to be built in decades. We Energies is battling state agencies over air and water permits, as a docket of lawsuits have been filed attempting to overturn the permits and derail the project. The company's battles have attracted nationwide attention and have implications for the development of similar coal-fired projects in other states. In 2004, Wisconsin state...

FERC to Begin Revising Order 888 this Summer

FERC will formally begin revising its landmark order requiring open-access transmission by issuing a notice of inquiry within the next few weeks. Chairman Pat Wood has indicated that the notice will issue before his June 30 departure. The impetus for change began last summer, when then-newly appointed Commissioner Joseph Kelliher suggested that the agency needed to evaluate whether Order 888 should be broadened to protect against transmission market power. Kelliher began an informal process to determine whether the open-access transmission tariffs of jurisdictional utilities' were sufficient...

California Assembly Considers Reductions in Greenhouse Gas Emissions Despite Concerns by Industry Groups

The Golden State is currently considering a bill (AB 1365) that will set greenhouse gas ("GHG") emission reduction targets of seven percent by 2010 and ten percent by 2020, in relation to the state's 1990 GHG emission levels. The Assembly Natural Resources Committee passed the bill on April 25, in the face of public opposition by industry groups. These groups expressed concerns over emissions targets and indicated their preference for a more wide-ranging effort on the part of the state's EPA to pursue GHG emission reduction standards. The industry groups primarily opposed the deadlines, which...

Seeking the Best of Old and New, FERC Solicits Ideas on How to Create Long-term Transmission Rights in Markets With Locational Pricing

Taking another look at a controversial feature of restructured electricity markets, the Federal Energy Regulatory Commission ("FERC") recently invited the public to comment on how long-term transmission rights could exist in markets that manage congestion with locational pricing. While market participants in restructured markets can purchase Financial Transmission Rights ("FTR") to hedge against congestion costs, FTRs have a term of only one year. In contrast, the life of a generating stations and the term of a typical power purchase agreements extend over many years, possibly decades. This...

Kansas Creates Electric Transmission Authority to Ensure that the Lights Stay on in the Sunflower State

Early in April, the Sunflower State followed Wyoming's lead in the creation of a state electricity infrastructure authority by passing the Kansas Electric Transmission Authority Act ("Act") and creating the Kansas Electric Transmission Authority ("Authority"). According to the Act, the Authority is responsible for ensuring the reliable operation of the state's integrated electrical transmission system and facilitating the consumption of the state's energy through improvements in Kansas ' electric infrastructure. The Act permits the Authority to accept federal agency grants for operation, and...

Pages